Bloomberg: Apple’s Jobs should give back the $85 million

Crystal writes, “Some $85 million or so that the chief executive officer collected because of a sleight-of-hand the maker of the iPod music player and Macintosh computers engaged in when it awarded Jobs some mammoth stock option grants. That’s money that should go back to the shareholders.”

“Apple’s well-oiled public relations machine has said that because of ‘irregularities’ in the grants, the options were canceled ‘and resulted in no financial gain to the CEO,” Crystal writes.

Jobs should be compensated for what he has done for Apple. The options were not used. He was paid with shares. If the share holders do not like that, they can fire the board. I am a very happy shareholder. I feel Jobs has brought a lot of weath to many shareholders and he deserves some of the wealth.

Put that one to the shareholders and I think I hear a roar of “thank you” and certainly no cries of “you robbed us”.

He saved the company and turned it into the most formidable force in computers and consumer electronics at the same time as producing returns for shareholders they could not have dreamed about – even in 2003…